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RBC Capital: August US housing data viewed as neutral, with housing starts above expectations but permits below expectations; homebuilder confidence down for ninth straight month, as slowdown continues amid soft market, lower home prices and rising rates

CIBC: US housing starts in August above expectations, up 12% month-over-month, but permits underwhelm, down 10%; going forward, continued slowdown in building would be in line with further deterioration in homebuilder confidence, rise in mortgage rates

Lumber prices climb more than 6% on Sept. 20 amid August rebound in new home construction; housing starts in August jumped 12.2% to an annual rate of 1.575 million units, though new permits for future home construction dropped 10% to 1.517 million units

US single-family starts rose 3.4% in August to a 935,000 seasonally adjusted annual rate, multifamily starts up 28.0% to 640,000 pace; number of apartments under construction at 890,000, the highest since Q1 1974: NAHB

Privately‚Äźowned US housing starts in August at seasonally adjusted annual rate of 1,575,000, up 12.2% from revised July level, down 0.1% annually; building permits down 14.4% annually to 1,517,000, completions up 3.1% to 1,342,000: Dept. of Commerce

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